Arm Stock Gets a Boost as Analysts See Opportunity After Selloff
Susquehanna upgrades Arm to Positive, citing AI and data center growth as key long-term drivers despite recent stock weakness.
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PDD Holdings Faces Minor Tax Fine: Citi Sees Relief for Investors
PDD Holdings fined $14K by Shanghai tax authorities for delayed compliance. Citi analysts view penalty as "smaller-than-feared," maintaining Buy rating with stock jumping 4% premarket.
Lisata Therapeutics Acquired by Kuva Labs for $4/Share
Kuva Labs to acquire Lisata at $4/share plus $2 in contingent payments—an 85% premium. Deal expected to close before Feb 27, 2026.
Smithfield Foods Snaps Up Nathan's Famous Hot Dogs for $450M
Smithfield Foods acquires iconic Nathan's Famous hot dog brand for $450 million, securing perpetual rights to grow the beloved all-beef frankfurter business.
BofA Starts Coverage of Inhibikase Therapeutics with Buy Rating
BofA gives Inhibikase Therapeutics (IKT) a Buy rating with $6 target, citing strong data, regulatory support, and promising leukemia therapy for PAH.
Bank of America Turns Bullish on Oklo After Major Meta Deal
Bank of America upgraded Oklo stock to Buy after a binding deal with Meta to build a 1.2 GW nuclear campus, highlighting growing data center demand.